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CHAPTER 4 Responsible management

We have been a participant of the UN Global Compact, the world s largest corporate sustainability initiative, since 2005. In addition to our commitment to promote the ten principles of the UN Global Compact, at Cepsa we have en- deavoured to align our corporate mana- gement with the Sustainable Develop- ment Goals (SDGs) which, in addition to evidencing a commitment to sustainable progress from a social perspective, helps us to find new business opportunities, drive innovation and enhance the rela- tionship with our stakeholders.

This commitment is illustrated by com- pany management s approval of the SDGs defined as a priority for Cepsa due to them being more closely associated

with our activities and our stakeholders. We have published our commitment by means of the #aliadosdelosODS initia- tive promoted by the Spanish network of the UN Global Compact.

Looking ahead to 2020 and the prepara- tion of our new Corporate Responsibility and Reputation Master Plan, we will or- ganised the strategic lines and actions to be carried out in order to achieve the new targets associated with the priority SDGs defined.

In accordance with our commitment and our priority SDGs, the main initiatives im- plemented in 2019 were in line with the following lines of action:

Improving the efficiency of our operations. We took various actions such as the installation of solar panels at service stations, the implementation of efficiency pro- jects at refineries and the renovation of the linear alkylbenzene (LAB) production plant in Puente Mayorga (Cádiz), where the ISO 50001-2018 energy efficiency cer- tification was also obtained.

Increasing the proportion of renewable energy sources in our energy mix, through the implementation of the first wind-powered facility in Jerez de la Fron- tera (Cádiz); in addition, we market energy from 100% renewable sources and en- tered into a Power Purchase agreement, which also assures the guarantee of origin of the energy produced for 10 years.

Helping to improve access to more sustainable energy services. With the inau- guration of the first ultra-fast charging station for electric vehicles in Barcelona and the agreement with Redexis for the development of vehicular natural gas (VNG).

Promoting human and workers right across our entire value chain. We re- newed the certificates that evidence Cepsa s commitment to human and workers rights, which include the Family-Responsible Company (efr), the Top Employers, and the Top 30 companies in Spain certificates; we also developed new plans for talent attraction and development and a new Diversity and Inclusion scheme.

Providing a healthy working environment for everyone. With our healthy compa- ny programme (PES) and the development of Cepsa s healthy workplace manage- ment system (SIGES), the inclusion of a Total Health Test as part of the medical examinations and the launch of programmes such as HouseKeeping and Safety Walks to foster safety in the workplace.

Promoting local development in the zones in which our business activities are found. With plans to foster local contracting, providing communities with employ- ability tools outside our sector, and developing training initiatives that increase the skills of the local workforce and improve the quality of life of the communities.

CEPSA, PARTNER TO THE SUSTAINABLE DEVELOPMENT GOALS